Looking for our new site?

Other

S&P Rating: How to Get Back to AAA

  • By
  • Maya MacGuineas,
  • New America Foundation
August 8, 2011 |

Oh, AAA credit rating -- we never knew how much we loved you until we lost you. Just one more chance, please!

It's like a bad breakup. The warning signs were there. He starts to nitpick and then complain so much more than when the romance began. Remember when you could do no wrong?

He went along when you demanded all the luxuries in life even though you couldn't afford them. What's a few overextended credit cards when you are having a good time?

And then, he started issuing those self-important warnings? Who does he think he is?

With Downgrade, Now Can We Get Serious About Debt?

  • By
  • Maya MacGuineas,
  • New America Foundation
August 6, 2011 |

You can't say we didn't have a heads up. Just a few weeks ago, S&P said:

"We may lower the long-term rating on the U.S. by one or more notches into the 'AA' category in the next three months, if we conclude that Congress and the Administration have not achieved a credible solution to the rising U.S. government debt burden and are not likely to achieve one in the foreseeable future."

Debt Deal: We Can, and Must, Do Better

  • By
  • Maya MacGuineas,
  • New America Foundation
August 2, 2011 |

Picture a negotiation with your boss that goes something like this:

You walk in with dynamite strapped to your body and demand a raise.

Nope, he says, no raise -- that's off the table.

Fine, you say, then I am not going to do any work.

I can take that, he says, as long as it goes hand in hand with no benefits for you.

All righty then, you counter, but I'll be stealing office supplies.

Fine. Fine. You shake and you have a deal.

That's how the debt-ceiling deal feels to me.

How the Tea Party Won the Deal

  • By
  • Peter Beinart,
  • New America Foundation
August 1, 2011 |

While the details of the debt-ceiling deal remain fuzzy, this much is clear: Barack Obama may be president, but the Tea Party is now running Washington. How did this happen? Simple: This is what American politics looks like when there's no left-wing movement and no war.

Lessons of Norway Attacks

  • By
  • Brian Fishman,
  • New America Foundation
July 23, 2011 |

Terror came home to Norway on Friday. A bomb was detonated near the prime minister's office in Oslo and a gunman attacked a political youth camp on the island of Utoya. In the end, at least 87 people were killed, a nation was traumatized, and the world was again riveted by a terrorist attack experienced indirectly, but in real time, on television news reports and in 140 character bits via Twitter.

The Gang of Six Is Our Best Chance for a Debt Deal in this Congress

  • By
  • Marc Goldwein,
  • New America Foundation
July 21, 2011 |

The debt ceiling deadline is days away, but something unusual is happening in Congress. Rather than playing the short game, and following the old tradition of kicking important budget decisions down the road, dozens of senators are building the case to think long. Even as they plan a vote to avoid default, they have a rare opportunity to accompany a debt ceiling increase with a plan to bring our fiscal situation under control. They should take that opportunity.

The GOP Has Double Amnesia

  • By
  • Peter Beinart,
  • New America Foundation
July 18, 2011 |

If the debt-ceiling negotiations reveal anything about America in 2011, it is this: we live in an age of political amnesia. From the day the Twin Towers fell until the day Barack Obama was elected president, Washington Republicans did virtually everything in their power to increase the deficit.

Don't Give Up on Grand Bargain on Debt

  • By
  • Maya MacGuineas,
  • New America Foundation
July 18, 2011 |

Maybe the cynics are right. Maybe it will prove too heavy a lift to use the occasion of the debt ceiling increase to put in place a large, specific budget fix to reduce our massive deficits.

Enough policymakers now seem to buy the importance of lifting the debt ceiling, and it appears we will find a way to do so in time, thereby avoiding an (inexcusable) default.

Health Care Can Make You Sick

  • By
  • Shannon Brownlee,
  • New America Foundation
July 4, 2011 |

Los Angeles doctors are plentiful, and Angelenos have some of the highest rates of visits to doctors and specialists in the nation. So you’d expect Angelenos to get the very best health care. But do they really?

The GOP’s False Fiscal Narrative

  • By
  • Peter Beinart,
  • New America Foundation
July 11, 2011 |

Reading about the debt-reduction talks is painful. It's painful because in analyzing them, the media frequently fall back on storylines that just aren't true.

Syndicate content